Business
Squirrel Media Signs 22.5 Mln Euro Syndicated Loan To Invest In Content For European Markets
Squirrel Media Signs 22.5 Mln Euro Syndicated Loan To Invest In Content For European Markets
About this update from Squirrel Media Sa
Squirrel Media SA BME:SQRL:SIGNS A 22.5 MILLION EUROS SYNDICATED LOAN WITH GROUP OF SPANISH FINANCIAL INSTITUTIONSFINANCING WITH SIX-YEAR AMORTIZATION PROFILE20.0 MILLION EUROS OF FINANCING TO BE INVESTED IN NEW HIGH-QUALITY AUDIOVISUAL CONTENT WITH STRONG COMMERCIAL APPEAL ACROSS SPANISH-, PORTUGUESE- AND ITALIAN-SPEAKING MARKETS2.5 MILLION EUROS WILL BE USED FOR REPURCHASE AND EARLY REDEMPTION OF 20.0 MILLION EUROS MARF BOND ISSUED IN NOVEMBER 2023